Styrenix Performance Materials Ltd Share Price – NSE  /  BSE

Petrochemicals, Small Cap

Net profit of Styrenix Performance Materials rose 88.66% to Rs 61.20 crore in the quarter ended June 2024 as against Rs 32.44 crore during the previous quarter ended June 2023. Sales rose 28.49% to Rs 698.71 crore in the quarter ended June 2024 as against Rs 543.78 crore during the previous quarter ended June 2023.

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Styrenix Performance Materials will hold a meeting of the Board of Directors of the Company on 15 July 2024.

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Net profit of Styrenix Performance Materials rose 16.31% to Rs 49.36 crore in the quarter ended March 2024 as against Rs 42.44 crore during the previous quarter ended March 2023. Sales declined 2.69% to Rs 598.71 crore in the quarter ended March 2024 as against Rs 615.29 crore during the previous quarter ended March 2023.

For the full year,net profit declined 5.38% to Rs 173.17 crore in the year ended March 2024 as against Rs 183.01 crore during the previous year ended March 2023. Sales declined 6.33% to Rs 2222.17 crore in the year ended March 2024 as against Rs 2372.27 crore during the previous year ended March 2023.

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Styrenix Performance Materials announced that the Board of Directors of the Company at its meeting held on 6 May 2024, inter alia, have recommended the final dividend of Rs 28 per equity Share (i.e. 280%) , subject to the approval of the shareholders.

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